Exploratory Drilling Off Crete Might Not Start This Year

Exploratory drilling off Crete might not start this year

Exploratory offshore drilling in the seas around Crete might not be carried out this year, Helleniq Energy management has said.

All possibilities are open on the front of exploratory drilling in the maritime area of Crete, according to the management of Helleniq Energy, which did not rule out the possibility that it will not be taken within…More...

The significant decline in international margins combined with lower sales of petroleum products "marked" the financial results of HELLENiQ ENERGY for the first quarter of 2025 with the overall picture... Siamisis (Helleniq Energy): Resilience with "stars" in RES and Trading - Exxon's drilling in Crete an "Unknown X" - Ι NAFTEMPORIKI

Helleniq Energy’s management is leaving open the possibility that a decision on whether or not to conduct exploratory drilling in the sea area of Crete will not be made this year. Responding to a relevant question in the context of the presentation of the first quarter results, the group’s CEO Andreas Siamisis stated that there is no new information on the matter, […]